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Market Fractal Update


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#1 Frac_Man

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    Hank Wernicki M.A.

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Posted 25 January 2007 - 11:56 AM

This is a shallow correction. Should continue today. When it is done, we should see another new for the markets. This could happen on Friday or Monday , before the next meaningful correction. Hank most of the money has been made in this rally ..... I would cash out and wait for Monday ... Enjoy Hank

#2 zman

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Posted 25 January 2007 - 12:08 PM

This is a shallow correction. Should continue today.

When it is done, we should see another new for the markets.

This could happen on Friday or Monday , before the next meaningful correction.

Hank

most of the money has been made in this rally ..... I would cash out and wait for Monday ...

Enjoy

Hank


Hank, thanks for the update, do you have any targets for this minor correction today/tomorrow..thanks
Education is the best defense against the media.

#3 Frac_Man

Frac_Man

    Hank Wernicki M.A.

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Posted 25 January 2007 - 12:51 PM

Around 1428 ...... IF it holds ........... the main point is the most of the rally is done ...

But we need a bounce this afternoon for this scenerio to hold ............

Hank


















This is a shallow correction. Should continue today.

When it is done, we should see another new for the markets.

This could happen on Friday or Monday , before the next meaningful correction.

Hank

most of the money has been made in this rally ..... I would cash out and wait for Monday ...

Enjoy

Hank


Hank, thanks for the update, do you have any targets for this minor correction today/tomorrow..thanks